How Much Money is Required for Canada Immigration?

Canada remains one of the top immigration destinations for skilled workers, including thousands of applicants from Bangladesh every year. One of the most important questions before starting your journey is how much money is required for Canada immigration.

The total cost is not a single fixed amount it includes government fees, preparation expenses, and settlement funds required by the Canadian government. Proper financial planning is essential to ensure your application is successful and stress-free.

Mandatory IRCC Government Fees

On April 30, 2026, IRCC increased permanent residence fees. These fees apply to most economic immigration programs, including Express Entry and the Provincial Nominee Program (PNP).

Fee Category	Cost per Principal Applicant (CAD)	Approx. BDT Equivalent
Processing Fee	$990	88,752 BDT
Right of Permanent Residence Fee (RPRF)	$600	53,789 BDT
Biometrics Fee (Individual)	$85	7,620 BDT
Total (Single Applicant)	$1,635	150,161 BDT

• For Couples: A spouse or partner must also pay the $990 processing fee and $600 RPRF
• For Children: $270 per dependent child
• Biometrics (Family): Maximum $170 for families

Mandatory Preparation Costs

Before submitting your application, you must complete several required steps:

• Language Test (IELTS): Around BDT 28,450 per attempt
• Educational Credential Assessment (ECA): CAD $200–$300 + courier
• Medical Examination: Approx. CAD $90 (BDT 8,000) per person
• Police Clearance: Low cost but mandatory

These are essential investments to build a strong immigration profile.

Settlement Funds: Proof of Funds (POF)

The Proof of Funds (POF) is the largest financial requirement. This is not paid to the government you must show this money in your bank account to prove financial stability.

IRCC Minimum Settlement Funds (2025–2026)

Family Size	Funds Required (CAD)	Approx. BDT
1 Person	$15,263	1,368,319 BDT
2 People	$19,001	1,703,428 BDT
3 People	$23,360	2,094,210 BDT
4 People	$28,362	2,542,636 BDT
5 People	$32,168	2,883,842 BDT
Each Additional Member	+$4,112	368,638 BDT

Important POF Rules

• Funds must be liquid and accessible
• Borrowed money is strictly prohibited
• You must show 6-month average bank balance
• Proper bank documentation is mandatory

Hidden and Post-Landing Costs

Many applicants overlook additional expenses that can significantly increase the budget:

• Document Translation & Notarization
• Airfare: BDT 100,000 – 150,000 per person
• Initial Housing: CAD $2,000–$3,000 for rent and deposit

Total Estimated Budget Summary

For a single skilled worker from Bangladesh:

• Processing & Preparation: CAD $2,600 – $4,200
• Settlement Funds: CAD $14,690+
• Total Required: CAD $17,290 – $18,890
  (Approx. 15–17 Lakh BDT)

How Jenny Consultancy Can Help

Choosing a reliable Canada Immigration Consultancy Firm in Bangladesh can make a significant difference in your success rate.

Financial documentation errors are one of the leading causes of visa refusals. At Jenny Consultancy, we ensure your financial profile is accurate, compliant, and audit-ready.

Our Specialized Services:

• Financial Document Review: Verify bank statements and gift deeds
• Accurate Cost Planning: Personalized budget based on your case
• Risk Identification: Detect suspicious transactions before submission
• Full Application Support: Step-by-step guidance from start to finish

Conclusion

Understanding the total cost of Canada immigration is crucial for proper planning and success. From government fees to proof of funds and hidden expenses, every financial aspect plays a vital role in your application.

For applicants in Bangladesh, working with a trusted Canada Immigration Consultancy Firm in Bangladesh like Jenny Consultancy can help you avoid costly mistakes and improve your chances of approval. With expert guidance, transparent budgeting, and proper documentation, your dream of immigrating to Canada becomes more achievable and stress-free. Start your journey today with the right financial plan and professional support.